SIMFEROPOL, June 1 – The Ukrainian Agriculture Ministry is initiating the creation of a Black Sea grain pool and Black Sea grain exchange jointly with Kazakhstan and Russia.

Ukrainian Agriculture Minister Mykola Prysiazhniuk said this at a press conference after a meeting of the Crimean Council of Ministers in Simferopol on Monday.

"The idea of creating a Black Sea grain pool is being discussed, and I visited the Russian agriculture minister and Kazakh agriculture minister to present the initiative," he said.